User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Afternoon Business Brief

November 1, 2012, 1:08 PM

Thursday Afternoon Business Brief
  • Stocks have seen a strong rally today, as investors have embraced some better economic reports. The Dow has staged a triple-digit gain.
  • Today's economic reports largely paint a picture where consumers are more confident and more willing to spend. The releases come a day ahead of the monthly employment report.
  • Does it bode well for the upcoming holiday shopping season? Twenty-one retailers from discounter Target to department store Macy's, taken together, report that monthly sales rose 5 percent in October. Analysts fear that some of the spending before Superstorm Sandy hit could have drained consumers' wallets, raising the risk they'll cut back in the weeks ahead.
  • Mark Fields, who has spent seven years as head of Ford's Americas division, will become the automaker's chief operating officer Dec. 1. He will report to CEO Alan Mulally, who says that he plans to remain CEO at least through 2014. Fields is seen as the likely successor to the 67-year-old Mulally.
  • The state of Rhode Island has filed a lawsuit against former Red Sox pitcher Curt Schilling and one-time officials with the state's economic development agency in connection with a $75 million loan guarantee to his failed video game company. The suit filed in Rhode Island Superior Court names Schilling, along with the former executive director of the Economic Development Corp., Keith Stokes, and another former state official who worked closely on the deal.

Read more business stories on the Back To Business page.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

The City's Largest Construction Project Will Impact Thousands

3/2/2015 5:04 PM

It's being billed as the city's largest construction project this year at a cost of just under $9 million and it's going to impact thousan...

Full Story | Watch
Whiffer's Sandwiches Back Open For Business

3/2/2015 4:00 PM

Whiffer's Sandwiches is serving up lunch on Minnesota Avenue again.

Full Story
Costco Citigroup Partnership To Have Impact On Citibank In Sioux Falls

3/3/2015 2:45 PM

Costco is switching credit card company partnerships and that is going to have an impact on Citibank in Sioux Falls.  

Full Story
Eastside Restaurant Row

2/25/2015 10:10 PM

Dunkin' Donuts, Fazoli's, BurgerFi, Chipotle--all food chains that have indicated an interest in Sioux Falls.  Now the question is, what ...

Full Story | Watch
Great Western Bank To Close Two Sioux Falls Branches

3/4/2015 12:57 PM

Great Western Bank is closing its branches in the Walmart store on South Louise Avenue in Sioux Falls and at the Western Mall at the end of the month.

Full Story


Events